A local hardware store sells snowblowers for $998 after marking them up 43% based on selling price. What is the dollar amount of the markup? O $568.86 O $635.67 O $697.90 O $429.14 Need help? Review these concept resources.
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Let M be the markup amount. Let C be the cost of the snowblower. From the problem statement, we are given: Selling price (S) = $998 Markup percentage based on selling price = 43% The formula for markup based on selling price is: Markup Percentage = (Markup Show more…
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